Blog
Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.
Differing Economic Assumptions Between OMB and CBO
Back in February, we dinged the President's budget for relying on overly optimistic economic assumptions in 2012 and beyond. CBO's Analysis of the...
Spending and Revenues in the Mid-Session Review
Under the Administration's Mid-Session Review, the gap between spending and revenues is set to persist throughout the decade with barely any change in...
OMB Releases Mid-Session Review
OMB has just released its Mid-Session Review, incorporating the effects of the Budget Control Act and the Super Committee's target savings into its...
Wartime Contracting Commission Finds Significant Waste in War Spending
The Commission on Wartime Contracting in Iraq and Afghanistan, created by Congress in 2008, has issued its final report, showing that there has been...
Let's Pay for Disaster Funding, but Also Budget For It
The destruction and devastation caused by Hurricane Irene is of serious concern, and addressing it will come at a real cost. Yet even while both...
Huntsman to Propose Revenue-Neutral Tax Reform
It's no secret that taxes will be a central element in national politics over the next fourteen months leading up to the Presidential election. With...
Mark Prater Appointed Staff Director of Super Committee
In a joint press release this morning, Super Committee co-chairs Sen. Patty Murray (D-WA) and Rep. Jeb Hensarling (R-TX) announced that Mark Prater...
‘Line’ Items: Mother Nature Edition
Quakes and ‘Canes – Washington and much of the East Coast were rattled by natural phenomena last week, with a 5.9-magnitude earthquake on Tuesday and...
Meanwhile, Away From Washington
With so much going on in United States’ fiscal policy, it can be difficult to focus on much more than what is happening in Washington -- at least we...
Warner Wants the Committee to Go Above and Beyond
In a Bloomberg article, Sen. Mark Warner (D-VA) called for the Joint Committee set up by the recent debt deal to exceed its $1.5 trillion target for...
Federal Reserve Chairmen Ben Bernanke at Jackson Hole Comments on Fiscal Policy
Earlier today, the chairmen of the Federal Reserve, Ben Bernanke gave a speech at Jackson Hole, Wyoming where he commented on the current state of our...